26.03.2023 13:35:00
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These 3 Growth Stocks Will Outperform the S&P 500 in a Bull Market
The S&P 500 has been in a bear market since last June. The index is up by 5% since then, and up by about 12% from the low point it touched in early September, but that's well below the 20% (or more) sustained gain required before we can say that it has entered a new bull market. Many growth stocks have languished as rising interest rates drove investors toward more conservative investments.Bear markets are usually a great time for investors to buy undervalued growth stocks that can outperform the market when bullishness finally returns. I believe that currently unloved Twilio (NYSE: TWLO), Celsius (NASDAQ: CELH), and Lululemon Athletica (NASDAQ: LULU) fit the bill as turnaround growth plays for the next bull market.Image source: Getty Images.Continue reading
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